PAPUA NEW GUINEA

Excise Tariff (2023 Budget) (Amendment) Act 2022

No. 71 of 2022.
Certified on: 12 JAN 2023

ARRANGEMENT OF SECTION.
Rates of excise tariff (Amendment of Schedule 1. - Duties of Excise).

AN ACT
entitled
Excise Tariff (2023 Budget) (Amendment) Act 2022,
Being an Act to amend the Excise Tariff Act (Chapter 107),
MADE by the National Parliament to come into operation on ‑
	(a) 1 January 2023 for Schedule 1(a); and
	(b) 1 December 2022 for Schedule 1(b).
RATES OF EXCISE TARIFF (AMENDMENT OF SCHEDULE 1. - DUTIES OF EXCISE). 
Schedule 1 of the Principal Act is amended by ‑
	(a) repealing the tariff items, description of goods, the rates of excise duties, units and remarks shown in the schedule and replacing them with the tariff items, description of goods, rates of excise duties, units and remarks as shown below –
"
Tariff Item	Description of Goods	Duty Rate 
from 1
January 2023
to 30 June
2023	Duty Rate
from 1 July
2023 and
onwards	Unit	Remarks	
2710.19.10	Diesel	Free	K0.23	Per Litre	The extension of the excise duty exemption for another six months starting 1 January 2023 is applicable to the public except the resource companies, international freight operators and power producer listed in Table 1.
The companies listed in Table 1 that are exempted from excise duty under the existing agreements will continue to apply.	
2710.12.10	Petrol	Free	K0.61	Per Litre		
2710.19.90	Zoom	Free	K0.02	Per Litre		
	"; and
	(b) repealing excise tariff items, description of goods, rates of excise duties and the remarks shown in the schedule and replacing them with the excise tariff items, description of goods, the rates of excise duties and the remarks shown below –
"
Tariff 
Item	Description of
Goods	From 1
December 2022
to 31 May 2023	Duty Rate from 1
June 2023 and
onwards	Remarks	
2208.90.20	Mixed drinks of a strength more than 3% alcohol by volume, not for medicinal purposes.	K664.63 per lal	K681.24 per lal	The excise rate for alcohol products is adjusted at 6 monthly intervals at 2.5%, on 31 May and 30 November each year.
A one-off increase of 493% is applied on Tariff Items 2208.90.20, and 2208.90.30 from 1 December 2022 to 31 May 2023 and 2.5% indexation rate is applied bi-annual thereon.	
2208.90.30	Mixed drinks of a strength more than 3% and not more than 10% alcohol by volume, not for medicinal purposes.	K813.95 per lal	K834.30 per lal		
	"; and
	(c) inserting the following table immediately after Schedule 1: 
	"TABLE 1.
	List of resource companies, international freight operators and power producer that are not eligible for the exemption relating to tariff items 2710.19.10, 2710.12.10 and 2710.19.90 from 1 January 2023 to 30 June 2023.
No.	Company	Type of Company	
1	ExxonMobil PNG Limited	Mining Resource	
2	Ramu Nico Management (MCC) Limited	Mining Resource	
3	Solway Group Mining (PNG) Limited	Mining Resource	
4	Newcrest Mining Limited	Mining Resource	
5	Morobe Exploration Service Limited	Mining Resource	
6	K92 Mining Limited	Mining Resource	
7	Hidden Valley Services Limited	Mining Resource	
8	Nautilus Minerals Niugini Limited	Mining Resource	
9	Ok Tedi Mining Limited	Mining Resource	
10	TiTeline (PNG) Limited	Mining Resource	
11	Talisman Energy Niugini Limited	Mining Resource	
12	Tolukuma Gold Mine Limited	Mining Resource	
13	Total E and P PNG Limited	Mining Resource	
14	Highlands Pacific Resources Limited	Mining Resource	
15	Oil Search Limited	Mining Resource	
16	Barrick (Niugini) Limited	Mining Resource	
17	Wafi Golpu Services Limited	Mining Resource	
18	Harmony Gold (PNG) Exploration Limited	Mining Resource	
19	Simberi Gold Company Limited	Mining Resource	
20	Woodlark Mining Limited	Mining Resource	
21	Niuminco Pty Limited	Mining Resource	
22	Morobe Consolidated Goldfields Limited	Mining Resource	
23	Marengo Mining PNG Limited	Mining Resource	
24	Yandera Mining Company Limited	Mining Resource	
25	Swire Shipping	International Freight Operators	
26	PNG Shipping	International Freight Operators	
27	Inchcape Shipping Services	International Freight Operators	
28	Express Freight Management	International Freight Operators	
29	ANL Agencies	International Freight Operators	
30	Carpenters Shipping	International Freight Operators	
31	Pacific Cargo Service	International Freight Operators	
32	Blue Planet Logistics	International Freight Operators	
33	Deugro (PNG) Limited	International Freight Operators	
34	Golden Shipping	International Freight Operators	
35	Best Diamond Shipping	International Freight Operators	
36	Trade Watch PNG	International Freight Operators	
37	Agility Logistics Limited	International Freight Operators	
38	PNG Power Ltd	Power Producer	
	.".
I hereby certify that the above is a fair print of the Excise Tariff (2023 Budget) (Amendment) Act 2022, which has been made by the National Parliament.
Acting Clerk of the National Parliament.
12 JAN 2023
I hereby certify that the Excise Tariff (2023 Budget) (Amendment) Act 2022, was made by the National Parliament on 2 December 2022.
Speaker of the National Parliament.
12 JAN 2023